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All this and the share price continues to drop!
Please tell me why this is happening?
He has publicly stated he doesn't care what the share price is.
"why wouldn't he try to appreciate the share price"
I get your point but Gary doesnt
Just a thought.
Back when Gary gave the $4M revenue estimate how could he REALLY know what types of orders would be coming in for fluid for instance.Sure there was probably known orders he could base it on but
did he make the assumption that things would be status quo as to the types and sizes of orders up to that point?
Could the $4M figure actually be quite low and conservative?
I'm not saying this is the case, but there could just as easily be a lot more meat on the bone.
Maybe it's $5M or $6M
JMO
Apparently "The Market" feels its share value is .025.
If otherwise we would be higher or lower.
I'm surprised it's held .025!
It's really a sad state of affairs given the Covid was dumped in their laps and I feel they did little to fully capitalize on it.
Old School Gary just bumbling away!
JMO
I wouldn't look for any type of substantial upward move between now and years end.
Listening to some of the posters here who hold large positions is not something I would base anything on.
One here for instance had a price target of almost .50 / share. That price was supposedly where it was anticipated being at as we speak.
The CEO has publicly stated that he does not care where the share price is at.
You can't get it much clearer than that.
I agree.
I'm sure he's a great guy but I've NEVER got what I would consider a satisfactory answer to a question.
Sure he can talk about basic common knowledge issues but when it comes to anything beyond that it's been nothing at all or a vague reply.
I realize he can't talk about certain things because of SEC requirements, etc.I wouldn't ask him that anyways.
JMO
There has been nothing here to "flip" in the last week or more.
Is the decline possibly noteholders who were paid in shares selling because they are still making several hundred percent even at the mid .02's?
Thanks
It should be out in an 8K.
I see no appreciable gain in the share price because of it.
We need hard, accurate numbers stating what is currently going on and what is expected by years end.
This will drift and hopefully maintain the .02 range
JMO
So basically you are outlining all the bullshit moves that the Company has made since April!
You have unequivocally made my case as to why we are trading between .02 and .03.
Gary will continue to run this in the ground.
Thank you
Fair enough.
Then please explain to me why we are not at .09 or considerably higher.
I will wait.
Thank you
Not comparing apples to apples.
The rise in April was simply based on speculation and anticipation along with a lot of board hype.
Now that we know how things are operating and there's actual numbers to kind of base things on and we've heard Gary do a couple of pod casts the wheels have come off the bus.
This won't see .09 again for at least a year.
Very doubtful to even see half of that by years end.
JMO
With all that's been witnessed in the last couple months the share price SHOULD have reacted positively!
In all honesty I'm not convinced that this is ever going to move substantially no matter how good revenues become.
There is something that is keeping this down and I don't feel that's it's just " the way it's been trading"
Something is not right .
I don't know the answer but it definitely defies the way pennies trade especially one that's legit.
Maybe our two runs to the .09 range was it!
Game over.
JMO
.25???
Do you mean .025?
What CC?
635.68 M. 9-29-20.
Don’t see anything more current than that.
If Q3 doesn’t come in at 1.5M or more this will get easily knocked down into the .01 range.
Past experience tells us that even with good numbers this won’t move up.
My only thought is that the U.K. deal is so poor he doesn’t want to give specifics.
He is not the person to run this Company.
JMO
Doesn’t mean jack!
Minimum requirement is .01.
I wouldn’t call that a move forward.
This will continue on a slow agonizing downward trend.
The consistent daily loss tells me there is something going on other than “flippers” doing their thing.
Gary is running this in the ground with his “ old school Wall Street ways”
Just the announcement that he steps down as CEO would add 50% to this in a couple trading sessions.
GARY IS KILLING THIS !
JMO
At least a tier change that has a .01 minimum share price is something that I’m certain Gary can pull off!
Old school, experienced GG will get the job done.
He will have this at a penny by the time Q3 is released.
IF it’s on time!!
100% correct.
Gary needs to get his shit together !
Gary SHOULD pay attention to " chat rooms"
Marion Soefield for CEO position!!
Exactly!
Years of experience can mean nothing!
I work in skilled trades. I'm self employed and work by myself. When I need additional manpower I will go to a Service that provides skilled workers. You can get individuals by the day, week, etc.
I couldnt even begin to tell you the number of times that the service has sent an "experienced in the field" individual to me and they knew literally nothing about the job to be done.
So and so has 30 + years experience!!
It's not how long you do it, it's how much you learn.
I agree that SP shouldn’t be a daily issue that the CEO needs to focus on.
With that being said he still needs to make EVERY attempt to maintain shareholder value.
JMO
Those here who praise Gary for being a seasoned Wall Street guy have one thing correct!
He is well seasoned!! So much so that his “old school ways” are sucking the life out of this day by day.
Come on Gary, right the ship before it goes down!!
JMO
Gary and his $4M podcast blunder!
It's gonna haunt this right to the bitter end
That's a long time to wait fir a .20 share price
" Marion Soefield named CEO of PCT Ltd" Official News Release
Shares sky rocketed 400% today on the news that Miss Marion Soefield has taken the position of CEO of PCT Ltd.
At this point it's not clear what position the former CEO has with the Company.
It's been rumored that the individual has taken a position as a Stock Day Podcast moderator.
All of which have done nothing to maintain and upward pps.
Keep em coming Gary!!
You state two big contracts!
What is the $$ value of these big contracts??
Do tell.
Good point.
I do feel that outstanding debt will still play a major role in achieving monies under "reasonable terms".
I still would like replies to the question I raised .
Would funds be available from the owners of Werks Mfg?
Talk about someone who is "up to speed" on the whole program.
JMO
Basically you just summarized the PR we should be reading FROM Gary.
I can respect " Old School" business ways but not when it pertains to technology and sales that are needed in the World yesterday.
JMO
Agree 110% with your summation.
I felt the same way the first time I heard Miss Soefield speak on the CC.
Reversing roles( at least when it comes to public speaking) is the way this should move forward.
One other thing.
In the CC Gary made reference to being in the business world 60 years.
How old is he?
An opinion doesn't require an explanation.
That's why it's an opinion.
You make it sound like the tens of millions are already on the books!
With the minimum requirement .01, what better reason than to take it there.
Uplisting to an exchange that requires a .01 share price! ( correct me if I'm wrong)
I see that as moving backwards.
Podcast is a re hash of CC.
Gary needs to step it up and start giving some specific, actual
numbers for instance with what's involved with the U.K. orders.
"Could be tens of millions of dollars over the coming years"
That's wasted breath even making that statement.
Tell us where we are at NOW with the U.K. Period.
JMO
Gary emphatically said he does not follow "chat rooms"
Really!
He speaks at a minimum weekly with some board members right here!
I wonder if there's an option to purchase the equipment once the lease term expires?